On 4 October Stjarnan won their first ever Úrvalsdeild title after winning FH in the final round.

Going out in the 8th-finals of Lengjubikar against eventual winners FH[4] and in the 16th-finals of Borgunarbikar against Þróttur R.[5] Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.

[28] They topped the group with six points, two wins and a defeat, and went through to the final against FH which they won 3–1 with two goals from Halldór Orri and one from Heiðar Ægisson.

[34] In the third round Rolf Toft scored the only goal over the 180 minutes against Lech Poznan to put Stjarnan through 1–0 on aggregate.

[35] Stjarnan were drawn against the Italian team Inter Milan in the play-off round.

Stjarnan were unable to maintain their good form in the Europa League and lost the tie 9–0 on aggregate, 3–0 at home and 6–0 in Milan.

Last updated: 4 December 2014Source: KSÍ Includes all competitive matches; Úrvalsdeild, Borgunarbikar, Lengjubikar and Europa League.